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The UAE's state-owned capital has invested 2 billion dollars in Binance, making it the largest single investment in the cryptocurrency circle.

① The world's largest cryptocurrency Exchange, Binance, has received an investment of up to 2 billion dollars from the UAE AI investment company MGX; ② This is Binance's first Institutional investment and also the largest single investment in the history of cryptocurrency companies, MGX will receive minority equity in Binance; ③ MGX is jointly established by the UAE sovereign wealth fund Mubadala and the Technology company G42, focusing on investments in AI and Semiconductors.

cls.cnMar 13 22:48 ET